Nurix therapeutics announces pricing of upsized public offering of common stock

San francisco, march 04, 2021 (globe newswire) -- nurix therapeutics, inc. (nasdaq: nrix), a biopharmaceutical company developing targeted protein modulation drugs, today announced the pricing of its underwritten public offering of 4,500,000 shares of its common stock at a public offering price of $31.00 per share. the public offering was upsized from the previously announced size of 4,000,000 shares of its common stock. all shares of common stock are being offered by nurix. the gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $139.5 million. in addition, nurix has granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. the offering is expected to close on march 9, 2021, subject to the satisfaction of customary closing conditions.
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